KARACHI: For large value payments, Pakistan Real-time Interbank Settlement Mechanism (PRISM) settled 188,424 transactions through the Real Time Gross Settlement System (RTGS) during the second quarter (Oct-Dec) of this fiscal year, showing a growth of 14 per cent compared to the previous quarter.
The value of these transactions was Rs42.4 trillion during Oct-Dec, a quarter-on-quarter rise of 38pc, the State of Bank of Pakistan said in a statement on Thursday.
As for retail payments, the volume of e-banking transactions rose by 2pc to 112.3 million and value by 5pc to Rs8.8tr during the quarter under review.
The volume of internet banking transactions rose by 0.5pc, but value dropped by 2.16pc. The Point of Sale (POS) transactions’ volume declined by 0.6pc and value by 4.2pc. The volume and value of mobile banking transactions fell by 20pc and 2pc.
In terms of e-banking transactions volume, transactions through automated teller machines (ATM) had the leading share of 64.3pc showing a growth of over 3pc in volume and a slight increase of 1.3pc in value compared to that in the first quarter of 2014-15.
In terms of value, Real-Time Online Branch (RTOB) transactions had the major share of 88.5pc in e-banking, showing a growth of 4pc in volume and over 5pc in value. Non-financial transactions grew by over 2pc.
The number of ATMs reached 9,018, a quarter-on-quarter growth of around 7pc. RTOB and POS network reached 11,149 branches and 34,945 terminals, a growth of 3.4pc and 1.4pc, respectively.
Similarly, more than 319,000 plastic cards were issued during the quarter, which took its inventory by Dec 31, 2014 to around 26m — 23.7m debit cards, 1.3m credit cards and 0.9m ATM-only cards.
Registered users of internet banking, mobile banking and call centre banking reached 18.62m, a growth of over 4pc.